Rep Connie Mack: “The Timothy Geithner experience has been a disaster”

March 18, 2009

Tim Geithner is sinking fast. One wonders if he wants to be forced out early. He looks adrift.

Rep Connie Mack (R-FL) makes an excellent point:

Well before Timothy Geithner became Secretary of the Treasury, he was working hand-in-hand with AIG and other financial institutions to provide them hundreds of billions of dollars of taxpayer money as one of the key architects of the financial sector bailout.

I was outspoken against the bailouts then, and I’m even more outraged now.

I’ve had serious concerns about Secretary Geithner from the moment he was nominated. In the months since, he has shown us time and again why he was the wrong choice for this critical post. This week’s news on the AIG bonus scandal is but the latest fiasco under his watch and he has lost the confidence of the American people.

Quite simply, the Timothy Geithner experience has been a disaster.

I know nothing about business or the economy or whatever – but who in their right mind thought a man who had used TurboTax, been audited by the IRS and still didn’t pay up was the right man to straighten out the economy and head up the IRS?

Source: CNN